RAIL FACILITIES: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
RAIL FACILITIES
NACE 93.299, Other amusement and recreation activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€111,719
2024 · €149,041-€37,322
Equity
€11.0m
2024 · €10.9m+€111,719
Cash
€464,503
2024 · €709,657-€245,154
Balance sheet total
€11.8m
2024 · €11.5m+€343,354
Largest movements
Assets
- Receivables after one year +€3.3m
up €3.3m (+55.5%), from €6.0m to €9.3m
of which Other amounts receivable: +€3.7m
- Current investments -€3.0m
down €3.0m (-80.6%), from €3.7m to €721,879
- Stocks and contracts +€307,181
up €307,181 (+61.1%), from €502,915 to €810,096
- Cash -€245,154
down €245,154 (-34.5%), from €709,657 to €464,503
mainly Receivables after one year (-€3.3m) and Stocks and contracts (-€307,181)
Equity and liabilities
- Trade debts +€224,406
up €224,406 (+39.7%), from €565,558 to €789,964
Income statement
- Goods and materials +€982,776
up €982,776 (+7.4%), from €13.3m to €14.3m
of which Purchases: +€1.1m
- Turnover +€965,386
up €965,386 (+7.0%), from €13.9m to €14.8m
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€149,041
Turnover
+€965,386
Goods and materials
-€982,776
Services and other goods
-€16,429
Write-downs
+€998
Other operating charges
-€31
Other operating items
+€1,595
Financial income
-€18,625
Financial charges
-€198
Taxes
+€12,759
Result 2025
€111,719
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€3.2m
Investment
+€3.0m
Financing
€0
Cash 2024
€709,657
From operations (derived)
-€3.2m
Net result for the year
+€111,719
Receivables after one year
-€3.3m
Stocks and contracts
-€307,181
Receivables within one year
+€40,312
Smaller working-capital items
+€7,121
Trade debts
+€224,406
Investment (derived)
+€3.0m
Investment in fixed assets (net)
-€18,150
Current investments
+€3.0m
Cash 2025
€464,503
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,473,604 | €11,816,958 | +€343,354 | +3.0% |
| Fixed assets | 21/28 | €22,100 | €40,250 | +€18,150 | +82.1% |
| Intangible fixed assets | 21 | €22,100 | €40,250 | +€18,150 | +82.1% |
| Current assets | 29/58 | €11,451,504 | €11,776,708 | +€325,204 | +2.8% |
| Amounts receivable after more than one year | 29 | €5,959,711 | €9,269,067 | +€3.3m | +55.5% |
| Trade receivables | 290 | €1,959,711 | €1,569,067 | -€390,644 | -19.9% |
| Other amounts receivable | 291 | €4,000,000 | €7,700,000 | +€3.7m | +92.5% |
| Stocks and contracts in progress | 3 | €502,915 | €810,096 | +€307,181 | +61.1% |
| Stocks | 30/36 | €502,915 | €810,096 | +€307,181 | +61.1% |
| Goods purchased for resale | 34 | €484,815 | €744,296 | +€259,481 | +53.5% |
| Advance payments | 36 | €18,100 | €65,800 | +€47,700 | +263.5% |
| Amounts receivable within one year | 40/41 | €484,045 | €443,733 | -€40,312 | -8.3% |
| Trade receivables | 40 | €446,740 | €429,142 | -€17,598 | -3.9% |
| Other amounts receivable | 41 | €37,304 | €14,590 | -€22,714 | -60.9% |
| Current investments | 50/53 | €3,727,854 | €721,879 | -€3.0m | -80.6% |
| Other investments | 51/53 | €3,727,854 | €721,879 | -€3.0m | -80.6% |
| Cash at bank and in hand | 54/58 | €709,657 | €464,503 | -€245,154 | -34.5% |
| Deferred charges and accrued income | 490/1 | €67,322 | €67,430 | +€108 | +0.2% |
| Total equity and liabilities | 10/49 | €11,473,604 | €11,816,958 | +€343,354 | +3.0% |
| Equity | 10/15 | €10,897,243 | €11,008,963 | +€111,719 | +1.0% |
| Contributions | 10/11 | €248,000 | €248,000 | = | 0.0% |
| Capital | 10 | €248,000 | €248,000 | = | 0.0% |
| Issued capital | 100 | €248,000 | €248,000 | = | 0.0% |
| Reserves | 13 | €10,649,243 | €10,760,963 | +€111,719 | +1.0% |
| Non-distributable reserves | 130/1 | €24,800 | €24,800 | = | 0.0% |
| Legal reserve | 130 | €24,800 | €24,800 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,107 | €2,107 | = | 0.0% |
| Distributable reserves | 133 | €10,622,336 | €10,734,055 | +€111,719 | +1.1% |
| Amounts payable | 17/49 | €576,361 | €807,995 | +€231,634 | +40.2% |
| Amounts payable within one year | 42/48 | €571,978 | €799,104 | +€227,126 | +39.7% |
| Trade debts | 44 | €565,558 | €789,964 | +€224,406 | +39.7% |
| Suppliers | 440/4 | €565,558 | €789,964 | +€224,406 | +39.7% |
| Other amounts payable | 47/48 | €6,420 | €9,140 | +€2,720 | +42.4% |
| Accrued charges and deferred income | 492/3 | €4,383 | €8,891 | +€4,509 | +102.9% |
| Operating income | 70/76A | €13,874,085 | €14,839,471 | +€965,386 | +7.0% |
| Turnover | 70 | €13,874,085 | €14,839,471 | +€965,386 | +7.0% |
| Operating charges | 60/66A | €13,786,852 | €14,783,495 | +€996,644 | +7.2% |
| Goods for resale, raw materials and consumables | 60 | €13,269,458 | €14,252,235 | +€982,776 | +7.4% |
| Purchases | 600/8 | €13,390,832 | €14,512,872 | +€1.1m | +8.4% |
| Change in stocks: decrease (increase) | 609 | -€121,374 | -€260,637 | -€139,263 | -114.7% |
| Services and other goods | 61 | €516,735 | €533,164 | +€16,429 | +3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€4,954 | -€5,952 | -€998 | -20.2% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Non-recurring operating charges | 66A | €4,645 | €3,050 | -€1,595 | -34.3% |
| Operating profit (loss) | 9901 | €87,234 | €55,976 | -€31,258 | -35.8% |
| Financial income | 75/76B | €116,356 | €97,732 | -€18,625 | -16.0% |
| Recurring financial income | 75 | €116,356 | €97,732 | -€18,625 | -16.0% |
| Income from current assets | 751 | €116,356 | €97,732 | -€18,625 | -16.0% |
| Financial charges | 65/66B | €2,141 | €2,338 | +€198 | +9.2% |
| Recurring financial charges | 65 | €2,141 | €2,338 | +€198 | +9.2% |
| Other financial charges | 652/9 | €2,141 | €2,338 | +€198 | +9.2% |
| Profit (loss) for the period before taxes | 9903 | €201,450 | €151,369 | -€50,081 | -24.9% |
| Income taxes | 67/77 | €52,409 | €39,650 | -€12,759 | -24.3% |
| Taxes | 670/3 | €52,409 | €39,662 | -€12,746 | -24.3% |
| Tax adjustments and reversals of tax provisions | 77 | - | €13 | +€13 | |
| Profit (loss) for the period | 9904 | €149,041 | €111,719 | -€37,322 | -25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €149,041 | €111,719 | -€37,322 | -25.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.